Longevity and a decade of historically low interest rates have created “a dangerous cocktail” for the over-50s generation, according to new joint research by the London Institute of Banking & Finance and Seven Investment Management.

Most people severely underestimate how much they need to save for retirement, according to a new study by platform and fund manager Seven Investment Management (7IM).

Justin Urquhart Stewart, director and co-founder of investment provider 7IM, said that the UK economy was weakening and the economic cycle - and not Brexit - was the main culprit although he agreed Brexit had unnerved international investors.

Paraplanner Powwow 2017 host Caroline Stuart FPFS said the first Paraplanner Powwow she has hosted, which took place yesterday, was "a really great day" and helped to unite the Paraplanning community.